HMRC carry out risk assessments on all repayment requests, including Self Assessment tax returns which result in a tax refund being due. Unfortunately, HMRC have found that some repayment requests are fraudulent. HMRC therefore issue letters to taxpayers where they think the repayment request may no...
The Low Incomes Tax Reform Group (LITRG) today publishes a new research report1 looking at the use of ‘umbrella’ companies and other labour market intermediaries in the UK. The factual and technical report also considers the nature and scale of disguised remuneration schemes. It is intend...
We are pleased to publish our report ‘Labour Market Intermediaries: a technical report outlining how umbrella companies and other intermediaries operate in the labour market and the implications for workers who use them’....
The Low Incomes Tax Reform Group (LITRG) welcomes HMRC taking steps towards modernising the tax system with today’s publication of two calls for evidence.1 HMRC’s plans aim to capitalise on the opportunities presented by digital advances. This may be advantageous in many ways but LITRG ur...
The Low Incomes Tax Reform Group (LITRG) welcomes today’s publication of HMRC’s discussion document Helping taxpayers get offshore tax right.1 The document recognises that taxpayers who have not correctly reported their offshore income and gains to HMRC might not have done so de...
This article explains how you can ensure that voluntary Class 2 NICs for 2019/20 are accepted by HMRC even if you filed your tax return late. Note that tax returns filed by 28 February 2021 are technically late even though HMRC will not charge a late-filing pe...